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The Malaysian Ringgit has been extremely strong recently outperforming not just our regional peers but also many major currencies like the USD and Euro.
In this video I cover what's behind this move and whether its actually good for Malaysia.
⌚ Timestamps:
00:00 Intro
00:48 Interest rate differential
2:54 Undervalued MYR
4:13 Repatriation of profits
5:32 High foreign investments
6:45 Strong economic growth
7:12 Is a strong ringgit good for Malaysia?
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